Skip to content

Finance

50 MW Jordan solar farm to be financed by IFC and Canadian government

World Bank Group member, International Finance Corp. is to collaborate with the Canadian government to fund a $76 million, 50 MW solar farm in Jordan to be developed by Fotowatio Renewable Ventures.

IBC Solar to sell 37 MW of its solar pipeline in Japan

Germany-based solar developer signs framework agreement to offload some Japanese PV assets for EUR 90 million to Spanish investment firm BRUC Capital.

Belectric to develop 104 MW solar project in India's Telangana state

Construction is due to begin on six solar PV plants in the Indian state of Telangana by Germany’s Belectric, which will provide turnkey solutions totaling 104 MW of solar power in the state.

United PV to pay $39m for six UK solar farms, secures 40 MW from Shunfeng

The Chinese firm will spend GBP 30 million to acquire the solar farms, which have a combined capacity of 82.4 MW. Agreement struck to buy 40 MW Chinese plant from Shunfeng.

Enphase Energy to trim workforce by 11%, embarks on $20m cost-cutting drive

U.S. microinverter specialist announces restructuring and cost savings initiative that will see the firm reduce its global workforce by around 11% and cut annual operating expenses by $20 million.

ASEAN member states must accelerate clean energy efforts, IRENA urges

International Renewable Energy Agency to outline steps that members of the Association of Southeast Asian Nations can take to hit target of 23% renewable penetration in region by 2025.

1

The pv magazine weekly news digest

Is the new record-low price for PV reported this week in Abu Dhabi a killer-watt for solar? Prices plunge in India too, while Tesla’s acquisition of SolarCity stirs up a lawsuit or four.

China joins low-price solar party with bids of $0.078/kWh in Inner Mongolia: reports

Media reports suggest that Chinese solar power developers have bid as low as 0.52 yuan per kilowatt hour for solar power in a tender held in northern Inner Mongolia.

First utility-scale Tesla battery being installed in Europe

Tesla’s utility and business energy storage solution, the Powerpack, is being installed by U.K. developer Camborne Energy Storage alongside a PV plant in Somerset, making it the first large-scale Tesla storage unit to be installed in Europe.

British firm Lightsource big winner in 450 MW Indian solar tender

Solar auction in the state of Maharashtra for 450 MW of capacity held under viability gap funding scheme sees British developer Lightsource among the big winners.

1

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close